In Many Companies, Technology Management Is the Primary Responsibility of The

question 57

Multiple Choice

In many companies, technology management is the primary responsibility of the:

• A) COO
• B) CEO
• C) CIO
• D) CTO

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Definitions:

Limited Liability Company

An enterprise structure that fuses the tax handling advantages of partnerships or sole proprietorships with the limited liability feature of corporations.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders. Corporations enjoy many of the rights and responsibilities that individuals possess.

Corporate Double Taxation

A tax principle where a corporation's income is taxed at both the corporate level and again as shareholder dividends at the personal level.

Personal Liability

The responsibility of an individual to bear the loss or to repay the debt from their own assets.